Sorry I've been away for the past few trading days, but we're back now. Expecting bullish prices today up to the orange line, then a potential reversal or continuation into higher prices. Best of luck out there traders
Now for the final day of the week. Who really can predict what the market can do, we can only rely on patterns, speculations, analysis and luck.
Alone, each can be defeated, but together we have a chance at conquering the markets. Today there appears to be only one aim and that is for the market to target the weak low.
If your strategy gives you an...
3/3 of the ideas so far have been sound, so let's see if we can keep the streak going. Right now the two orange lines are liquidity areas that I think have the potential to be targeted in the near future. Based on the bullish momentum, I am slightly more inclined to aiming for the top orange line.
So if your strategy gives you a signal to go long, this would be a...
"I am predicting that EUR/USD will be targeting a price of 1.10110. I'm basing this on the orange line which delineates a weak high and hence liquidity, so price is likely to sweep it today before moving further down.
Please as always note that trading predictions involve a level of uncertainty, and market conditions can change rapidly. But if your strategy...
Enter according to your strategy, but short opportunities are highly favorable. The orange line delineates a weak low. Why is it weak? It has not taken out any previous lows, hence it is likely to be a future target. As always do your own analysis and trade prudently
Based on the opportunities that the markets present, these are the areas I would be aiming for.
The orange line indicates the 1H aim and the black lines indicate the 4H aims.
